articles: R&D tax relief

MiFID II creates opportunities for savings for firms through R&D Tax Credits

MiFID II is nearly here and technological enhancements, as a result of MiFID II, have been a critical part of the change process and are expected to continue well into the future. Many companies have been forced into further developing and extending their software solutions and this is where there may be scope to claim back a portion of the development costs related to R&D activity.

3D printing: Innovation or disruption?

3D printing has been hailed as the single most important innovation of the next global industrial revolution. The technology works by designing layers of a three-dimensional object on a computer and ‘printing’ the model with a manufacturing machine to produce a tangible object; opening endless possibilities for its use. Our team of engineers have looked into how 3D printing may innovate or create a disruption across the manufacturing sector.

What’s the safest seat on a plane?

Many of us will have been on a plane with our families over the summer holiday and will be now building up frequent flyer points through travel. When picking your seats you might be focused on those that give you most leg room or enable you to get on or off quickly when boarding and landing. But do you ever think about which seats maximise your survival chances in the event of a crash?

Our team of engineers and scientists have provided an interesting outlook into this subject as despite the high volume of flights every year, flying is relatively safe.

Will your clothes soon be smarter than you?

Textiles have long been important for protecting human life, but new technology is pushing the boundaries of what our clothes can do for us. From enhancing our internet and electronics connectivity to monitoring our vital signs, groundbreaking ‘smart’ textiles have the potential to change the way we live and improve our quality of life. And with R&D tax credits, the cost of innovation may not be as much as you think.

An Autumn Statement for “rebuilding Britain”

Five years since delivering his first spending review, George Osborne spent over an hour delivering his 2015 Autumn Statement. He repeatedly stated the Government’s intent to build public services, infrastructure, national defences and strong public finances.